Renault CEO De Meo Steps Down to Lead Kering

Reported 29 days ago

Renault's CEO Luca de Meo is resigning from the automaker to take on a new role as chief executive of Kering, the owner of Gucci. During his tenure, de Meo successfully restructured Renault, focusing on hybrid and electric vehicles. His departure follows significant leadership changes at Kering, which faces challenges in revitalizing its Gucci brand amid substantial debt.

Source: YAHOO

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